FHA VS Conventional loan in New-Castle, Henry County, Indiana

In 2026, the conventional loan limit for New-Castle, situated in Henry county of IN, is set at $647,200. Meanwhile, the FHA limit for a single-family home amounts to $420,680.

With Lendersa®'s Conventional loan calculator, you can compare the top rates for Conventional, FHA, and USDA loans today. It helps determine the income, credit, reserves, and documentation needed to qualify. Our sophisticated mortgage calculator allows you to view Conforming Conventional loans, USDA, FHA, and VA programs side by side, which aids in deciding the best option in IN for your specific financial requirements.

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Loan Limits & Down Payment Requirements for 2026 in New-Castle, Henry, IN

Loan Type Loan Limit Down Payment
Conventional Conforming $647,200 3%
USDA $285,000 0%
FHA $420,680 3.5%

This comparison table is valid for the following zip codes: 47362

Explore Conventional and FHA Loan Options in New-Castle, IN

The aim of Lendersa® is to swiftly connect you with the best Conventional, USDA, and FHA loan options without hassle. Start with one of these three points, leading you to matching lenders and available loan programs.

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New-Castle Lenders

  • Eastern Indiana Federal Credit Union
  • 801 South Memorial Drive, New Castle, IN, 47362
  • Lends in Indiana
  • Eastern Indiana Federal Credit Union was originally chartered in 1950 as Chrysler Employees Federal Credit Union. The Credit Union was created to provide for the basic financial needs that would not have otherwise been met. For most people, our founding and its circumstances have been long forgotten.

  • Citizens State Bank
  • 1238 Broad St, New Castle, IN, 47362
  • Lends in Indiana
  • Our mission is to help our clients, co-workers, and communities succeed. Decisions are made locally. Deposits made with us stay in our communities, becoming funds for the loans and donations that fuel local economic development. Citizens State Bank is a fourth-generation family-owned community bank.

  • Perfect Circle Credit Union
  • 631 E Main St., Hagerstown, IN, 47346
  • Lends in Indiana
  • Perfect Circle Credit Union has served working families in Wayne and Henry Counties, helping them meet their financial needs and achieving their goals. Almost ninety years later we are still dedicated to the philosophy of “People Helping People”, and helping our members build better lives.

  • Thrive Credit Union
  • 4501 South Delaware Drive, Muncie, IN, 47302
  • Lends in Indiana
  • Thrive Credit Union was founded in 1940 by the employees of Delco Battery. These employees joined together to establish a financial service dedicated to serving the hard working, faithful employees of Delco Battery and their families. Over the past 81 years, Thrive Credit Union has been a part of the Delaware County community.

  • First County Federal Credit Union
  • 1100 W 11th Street, Muncie, IN, 47302
  • Lends in Indiana
  • First County Federal Credit Union in Muncie, Indiana is where free checking still rules and loan deals run wild. With physical branches on Muncie's diverse south and east sides, First County FCU provides real help for real people.Membership is open to anyone who lives, works, goes to church or goes to school in Delaware County, Indiana. And members

  • Wayne Bank
  • 145 W Main St, Cambridge City, IN, 47327
  • Lends in Indiana
  • Founded in 1882, Wayne Bank and Trust Co. is a well-established, reputable community bank, serving Wayne County, Indiana for over 130 years. As Indiana’s oldest family owned bank, Wayne Bank has successfully served its clientele for over a century by maintaining the core values of providing the finest personal banking services,

  • Lampco Federal Credit Union
  • 5411 Dr Martin Luther King Jr Blvd, Anderson, IN, 46013
  • Lends in Indiana
  • The Lampco staff, management, and board of directors is dedicated to creating economic benefits for our members by providing quality financial products delivered with the highest level of service and integrity. Lampco Federal Credit Union has served the financial needs of our Madison County Community for over 50 years.

  • Madison County Federal Credit Union
  • 621 East 8th Street, Anderson, IN, 46012
  • Lends in Indiana
  • Madison County Federal Credit Union received approval from the National Credit Union Association to expand its community charter to three additional counties – Delaware, Henry and Hancock. This expansion, effective immediately, opens membership and full credit union services to anyone who lives, works, worships.

  • GVC Mortgage, Inc
  • 600 Corporation Dr, Suite 200, Pendleton, IN, 46064
  • Lends in Indiana
  • GVC Mortgage began with a desire to emphasize the value of home ownership and simplify the home loan process. It is this commitment to homebuyers that allows the company to grow and assist families in the purchase of their dream homes. Since 1996, GVC Mortgage has served over 32,000 borrowers and provided over $4 billion in total funded loans.